Tong Hsing Electronic Ind Sustainability Profile
Tong Hsing Electronic Industries, commonly referred to as Tong Hsing, is a leading player in the semiconductor packaging and testing industry, headquartered in Taiwan (TW). Established in 1985, the company has made significant strides in advancing technology and innovation within the sector, particularly in the Asia-Pacific region. Specialising in high-quality semiconductor packaging solutions, Tong Hsing offers a diverse range of products, including advanced flip chip and wire bond packages. Their commitment to precision and reliability sets them apart in a competitive market. With a strong focus on research and development, the company has achieved notable milestones, solidifying its position as a trusted partner for major global semiconductor manufacturers. Tong Hsing's reputation for excellence is underscored by its robust market presence and continuous growth, making it a key contributor to the evolving landscape of electronic components.
DitchCarbon Score
How does Tong Hsing Electronic Ind's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electrical Machinery Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tong Hsing Electronic Ind's score of 37 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tong Hsing Electronic Ind's reported carbon emissions
In 2023, Tong Hsing Electronic Industries, Ltd., headquartered in Taiwan (TW), reported total carbon emissions of approximately 87,747,216 kg CO2e. This figure includes Scope 1 emissions of about 717,975 kg CO2e, Scope 2 emissions of approximately 62,880,743.5 kg CO2e, and Scope 3 emissions totalling around 24,148,497.1 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 80,839,229.1 kg CO2e, with Scope 1 emissions at approximately 803,502.4 kg CO2e, Scope 2 emissions of around 60,286,069 kg CO2e, and Scope 3 emissions of about 19,749,657.7 kg CO2e. This indicates a rise in total emissions from 2022 to 2023. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Tong Hsing Electronic Industries, Ltd. The company has not cascaded any emissions data from a parent or related organization, and all reported figures are derived directly from its own disclosures. As the industry faces increasing scrutiny regarding carbon footprints, Tong Hsing's commitment to addressing climate change remains unclear, highlighting a potential area for future improvement and transparency.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 803,502.4 | 000,000.0 |
| Scope 2 | 60,286,069 | 00,000,000.0 |
| Scope 3 | 19,749,657.7 | 00,000,000.0 |
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Tong Hsing Electronic Ind's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tong Hsing Electronic Ind has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
